Executive Director, Controller

Passage Bio is an exciting, fast-paced, rapidly growing gene therapy company headquartered in Philadelphia, PA. Our portfolio of rare monogenic CNS gene therapies is the result of an exclusive collaboration with the renowned Gene Therapy Program (GTP) at the University of Pennsylvania (Penn) that provided Passage Bio with 17 gene therapy candidates developed in the lab of gene therapy pioneer Dr. James Wilson. Passage Bio is on a mission to provide life-transforming gene therapies for patients with rare monogenic CNS diseases that replace their suffering with boundless possibility, all while building lasting relationships with the communities we serve.

The Role:

We are seeking a Executive Director, Controller to join our growing team. The Executive Director, Controller is a key leadership position that will be responsible for financial activities including Accounting, Treasury, Tax and Financial Regulatory Compliance. In discharging these responsibilities, the Controller will lead the finance team and company in the financial close, external financial reporting, audit, cash management, procurement and accounts payable, internal control and tax processes. In addition, the Controller will be a key driver in establishing and maintaining the company’s financial systems. The Controller will have 3 direct reports.

Here Is What You Will Be Doing:

Accounting

Preparing and reviewing GAAP financial statements
Provide technical accounting support and research for advanced GAAP or SEC topics (may require the oversight of external resources as well).
Oversight of journal entries, balance sheet reconciliations/reviews and internal control work
Partner with FP&A for internal reporting, R&D accruals, budgets, forecasts and special projects

Treasury

Oversight of company cash management activities and vendors (including operating banks, investment portfolio managers
Oversight of accounts payable and ensuring efficient/timing payments to vendors
Active participation in procurement/contracting activities
Active participation in capital resource planning including equity and debt activities
Manage the company's payroll and stock plan administration
Management the company’s risk management/insurance program

Financial Regulatory Compliance

Implement and ensure adherence to accounting policies and procedures
Lead the coordination of independent auditors in the annual audit process
Manage 10Q and 10K filings
Support other SEC filings, including proxy statements and registration statements

Other

Manage financial information systems design, implementation, enhancement and monitoring
Recommend benchmark against which to measure the performance of company operations
Perform special projects; from financial analysis to new system implementation
Comply with local, state and federal government reporting requirements and tax filings on a timely basis
Leader in setting and maintaining financial management calendar supporting company requirements to all stakeholders, internally and externally
Advice and support for financing strategy and activities
Preparation for and participation in Audit Committee meetings

Here Is What You Will Bring To The Table:

Minimum Bachelor’s degree in accounting or finance, Master’s a plus
CPA strongly preferred
10+ years of financial and management experience
5+ years in biotech or pharmaceutical company industry
Prior experience in a public company preferred
Prior experience in a growth company preferred
Prior experience in a biotech/pharma preferred
Prior experience in a manufacturing company preferred
Prior experience in a cross functional team environment preferred

Here’s What We’ll Bring To The Table

Up to $270 for public transportation and parking
Highly competitive healthcare coverage including: medical offered (HMO/PPO), dental, and vision offered
Wellness Day
Flexible Spending Accounts for medical expenses and dependent care expenses
12 weeks of 100% paid parental leave for all new parents within 6 month
401k (traditional and Roth offered) with 5% match
A suite of Passage Bio paid insurance coverage, including: life insurance, short-term and long-term disability
Voluntary legal assistance as well as pet, liability, critical illness, hospital indemnity and accident assistance
20 days’ vacation and Unlimited sick time per year, and 14 company paid holidays (includes 2 floating holidays in addition to a discretionary winter shut down)

Must have received or be willing to receive the COVID-19 vaccination by date of hire to be considered. Proof of vaccination required.

Passage Bio is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person’s race, color, gender, age, religion, national origin, ancestry, disability, veteran status, genetic information, sexual orientation, or any characteristic protected under applicable law. Passage Bio will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.